Guatemalan Digital Bank Turns to Mobbeel for Biometric Onboarding

Mobbeel will be providing mobile onboarding services for a digital bank in Guatemala. CUENTA DIG&TAL is affiliated with the more established Banco G&T Continental, and will be deploying Mobbeel’s MobbScan solution through G&T’s GTCAPP app to make sure that everyone who signs up for a digital account is in fact the person that they claim to be.

Guatemala's First Digital Bank Turns to Mobbeel for Biometric Onboarding

MobbScan is comparable to similar onboarding offerings, insofar as it compares a selfie to the image on an official government ID to verify the identity of a new user. The solution will allow DIG&TAL to comply with the latest Know Your Customer regulations, while customers will be able to open an account with a smartphone without needing to enter a physical branch. 

The news solidifies Mobbeel’s presence in Guatemala. The company recently provided biometric onboarding capabilities for PRONET’s Akisí app, a centralized payment service that can be used for digital and in-store transactions. Both that deal and the new DIG&TAL deal have the backing of Veentrix, which acts as Mobbeel’s local partner in Central America.

The deployment is in keeping with a broader digital banking trend in Latin America. FacePhi, for example, has already provided its own selfie-based onboarding solution for several banks in Panama and Mexico.

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July 23, 2020 – by Eric Weiss